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International Business across Borders

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Added on  2021-06-16

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INTERNATIONAL BUSINESS ACROSS BORDERS 2 INTERNATIONAL BUSINESS ACROSS BORDERS International Business across Borders Author Note: Executive Summary In this ever increasing global marketplace, the companies are expanding their business across borders in order to make the most out of it. The purpose of the report is to gain an understanding regarding the international businesses across borders, taking the case of Toyota Company into consideration. Introduction 3 Overview 4 International Competitive Strategy 4 Organizational Design Structure and Control Issues 5 Entry Strategies 6 Operational Control 7 Human Resources

International Business across Borders

   Added on 2021-06-16

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Running head: INTERNATIONAL BUSINESS ACROSS BORDERSInternational Business across BordersName of the University:Name of the Student:Author Note:
International Business across Borders_1
1INTERNATIONAL BUSINESS ACROSS BORDERSExecutive SummaryIn this ever increasing global marketplace, the companies are expanding their business acrossborders in order to make the most out of it. Different countries have different financial rules,tax regulations and accountancy, which govern the international trade. For every companyseeking to import or export and trade across the borders or even business expansions, there isa requirement to understand the company’s economic conditions and business environment.The purpose of the report is to gain an understanding regarding the international businessesacross borders, taking the case of Toyota Company into consideration. In addition to this, thereport discusses in detail the company’s international competitive strategies and how it willmanage to compete with the existing competitors of Thailand. Furthermore, the reporthighlights the operational control, entry level strategies and management of the humanresources of the company, across borders. Last but not the least; the company has facedcertain issues regarding the management strategies, for which several recommendations arebeing given.
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2INTERNATIONAL BUSINESS ACROSS BORDERSTable of ContentsIntroduction................................................................................................................................3Overview....................................................................................................................................4International Competitive Strategy............................................................................................4Organizational Design Structure and Control Issues.................................................................5Entry Strategies..........................................................................................................................6Operational Control....................................................................................................................7Human Resources Management across Borders........................................................................8Key issues and opportunities for Management..........................................................................9Recommendations......................................................................................................................9Conclusion................................................................................................................................10References................................................................................................................................12
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3INTERNATIONAL BUSINESS ACROSS BORDERSIntroductionCross border businesses can be referred to as the form of importing and exportinggoods or services in the neighboring countries, in order to benefit their businesses orcommunities. However, starting up a business in the overseas countries presents severaltaxation, regulatory and legal challenges and thus, having a local help is necessary for thesuccess of the business venture. As per the economic conditions, Thailand’s strongpopulation forms quite a healthy base of customers. In addition to this, strong exports, steadygrowth, skilled as well as cost effective workforce and abundant natural resources help inattracting the foreign investors as well as enable them in developing and prospering theirindustries in the markets of Thailand (Binder 2016). The purpose of the report is to gain an understanding regarding the internationalbusinesses across borders, taking the case of Toyota Company into consideration. Accordingto Deresky (2017), starting up a business in Thailand takes around one month in average,along with some procedures required for registration. Companies are required to register theirnames, deposit a significant amount to the bank, acquire a corporate seal and then, completesome steps required for the registration of the company as legal entity. In addition to this, thecompany needs to go through several procedures that involve obtaining the constructionpermits, inspection, approvals and others. The report will highlight the case of ToyotaCompany and its entry strategies in the markets of Thailand.
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